THE RISE OF ASIA 2022
11 февраля представители НКИ БРИКС выступили на Международной конференции "The Rise of Asia".
Международная конференция "The Rise of Asia" прошла 9-12 февраля в режиме онлайн. НКИ БРИКС представили директор по научной работе НКИ БРИКС И.З.Ярыгина, эксперт НКИ БРИКС Я.Д.Лисоволик.
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НКИ БРИКС
BRICS economic partnership initiatives: financial aspect / Prof. Dr. Irina YARIGINA
Abstract. According to the intergovernmental Declaration of 2020, trade and economic cooperation of Brazil, Russia, India, China and South Africa are the priority areas of the BRICS Partnership Strategy. In this respect, financial institutions have an important role to play in providing free access to open stock markets with the variety of financial instruments. The financial intergovernmental support of BRICS trade cooperation, along with other areas, are designed to strengthen balanced and inclusive economic growth, as well as to increase the level of international competitiveness of the BRICS economies, which account, actually, 21% of global gross domestic product (GDP).
To accelerate international cooperation and simplify the access of entrepreneurs to credits and industrial goods, as well as to direct and indirect financing, harmonization of economic relations is of a need to solve strategic problems effectively. The conducted analysis confirmed the need for new tools and methodsof financing BRICS sustainable development within negotiated short-and long-term strategy.
The evaluation of BRICS stock markets indices confirmed the need of a long-term strategy, which is important for accumulation of the resources and reaching the goals. It seems appropriate to expand the usage of infrastructure and green bonds in national currencies, related to the BRICS national economies and increase participation of development banks as well as institutional investors in stimulating partnership.
Actually, the majority of BRICS member states are involved in achieving the goal of the usage of national currencies in trade relations based on new technologies. Mutual Concept of BRICS cross-border cyber platform, as well as secure information interaction and software roster contribute to the project. Liberalization of trade relations, harmonization of e-trade, improvement of hardware and software security accelerate trade operations and enlarge services to customers, backed by WTO principles and Declarations.
Ketwords: BRICS Economic Partnership, BRICS financial cooperation, BRICS cross-border cyber platform
The BRICS China’s Chairmanship 2022 and the Global South Cooperation / Dr. Yaroslav LISSOVOLIK
Abstract. The coming of China’s chairmanship in the BRICS grouping in 2022 is likely to provide a fresh impulse to the BRICS+ initiative that was launched during the Xiamen summit in 2017. A lot has changed in the course of this 5-year period and, if anything, these developments have reinforced the need for BRICS countries to reach out to the Global South economies and to advance their vision of a more balanced global governance. The various modalities of the BRICS+ framework discussed in the preceding years increasingly point to the relevance of a regional approach that prioritizes greater cooperation between regional integration arrangements where BRICS economies are members as well as their respective regional development institutions.
Key words: BRICS’China’s Chairmaship 2022 – BRICS Plus Initaitiative – Global South Cooperation